MJ Holdings, Inc. completed the acquisition of MJH Research, Inc. from Sunstate Futures LLC for $1.9 million.
July 12, 2022
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MJ Holdings, Inc. (OTCPK:MJNE) entered into an agreement to acquire MJH Research, Inc. from Sunstate Futures LLC for $1.9 million on July 8, 2022.
MJ Holdings, Inc. (OTCPK:MJNE) completed the acquisition of MJH Research, Inc. from Sunstate Futures LLC on July 11, 2022. As part of consideration, MJ Holdings seven million (7,000,000) shares of its common stock.
MJ Holdings, Inc. is a diversified cannabis holding company. The Company is engaged in providing cultivation management, asset and infrastructure development in the Las Vegas market. It is focused on providing a 360-degree spectrum of infrastructure, including cannabis cultivation, production of cannabis related products, management services, dispensaries, and consulting services. The Companyâs subsidiaries include Prescott Management, LLC, which provides day-to-day management and operational oversight to the Companyâs operating subsidiaries; Icon Management, LLC, which provides human resource management (HR) services to the Company and is responsible for all payroll activities and administration of employee benefit plans and programs; Farm Road, LLC, which owns approximately 260 acres of farmland in Amargosa Valley, Nevada; Condo Highrise Management, LLC, which manages the Company owned Trailer Park in Amargosa, Nevada; and Red Earth Holdings, LLC.
MJ HOLDINGS, INC. 
